Frankfurt am Main, February 7, 2023 – SDG INVESTMENTS GmbH acted as exclusive structuring and placement agent to Luana AG, Hamburg, for the financing of an EUR 16.8m asset-based loan. The debt is secured against receivables from a portfolio of combined heat and power (CHP) plants, which run under long-term off-take agreements of up to 20 years.

CHP plants are part of Germany’s energy transition and used as bridge technology since they provide simultaneously the production of electricity and heat. Energy efficiency of CHP is up to ~90% and hence almost double the value of traditional power generation facilities.

The financed CHP plants supply residential units as well as care homes, hotels and commercial off-takers with electricity and heat. Currently, Luana is covering more than 11,000 residential units throughout Germany.

Stefan Bund, Partner at SDG INVESTMENTS says: „We want to thank Luana AG for their trust in the services provided by SDG INVESTMENTS. While the complexity of the asset class requires detailed knowledge of both technical as well as legal aspects, residential CHP and their associated cash flows offer a diversified, stable, and long-term investment opportunity. We are pleased to have shown again that we can deliver on our mission, to make the sustainable development goals investable.”

“This asset-based financing forms a milestone in the strategic development of Luana AG and its services provided,” adds Marcus Florek, CEO of Luana AG. “We want to thank SDG INVESTMENTS for their perseverance, diligence and professional service to make this transaction possible.”

With its sustainable business model in the field of Renewable Energy and Energy Efficiency, Luana AG supports the following Sustainable Development Goals (SDG):

SDG 7: Affordable and Clean Energy

SDG 9: Industry, Innovation and Infrastructure

About Luana AG:

Luana AG is an ecological energy supplier that has since 2008 been supplying customers with large real estate portfolios, such as operators of care homes or hotel chains, or even complete residential quarters with heat, electricity and charging infrastructure. In this context, CO₂ reduction is its strength.

About SDG INVESTMENTS:

SDG INVESTMENTS makes the United Nations Sustainable Development Goals (SDGs) investable. As a corporate finance boutique for sustainable finance, SDG INVESTMENTS structures and distributes certified sustainable investments in various solutions and vehicles. In addition, SDG INVESTMENTS offers the first online matching platform for financing and investment products that are aligned with the SDGs: www.sdg-investments.com.

Contact SDG INVESTMENTS: Dr Stefan Bund, +49 69 2475 196810, stefan.bund@sdg-investments.com